Engineered Plastic Components Inc. has acquired an automotive injection molding plant in Scottsburg, Ind., from Viking Plastics.
In a news release, officials with EPC in West Des Moines, Iowa, said that the Scottsburg plant makes injection molded interior trim.
They added that both firms' management "have worked closely to make sure this transaction was successfully and seamless to their customers."
EPC President and CEO Reza Kargarzadeh said in the release that the acquisition "will increase our footprint and ability to service all of our customers better."
EPC now has 18 locations in North America. The firm has been involved in multiple acquisitions, most recently buying an injection molding plant in Bessemer, Ala., from Inoac Corp. of Japan in October.
Corry, Pa.-based Viking purchased the 120,000-square-foot Scottsburg plant in 2018 as part of its acquisition of Genesis Plastics and Engineering LLC. That deal also included a 45,000-square-foot tool build facility in Jeffersonville, Ind. As recently as April 2020, Viking said it had installed two new injection molding machines in Scottsburg and planned to install four more by the end of 2020.
Prior to the Scottsburg acquisition, EPC ranked as North America's 33rd largest injection molder, according to the most recent Plastics News data, with annual sales estimated at $280 million. Viking Plastics ranked No. 109, with estimated sales of $70 million.